Coverage Watch does not have a financial relationship with any car insurance companies and quote providers. Everything displayed on the site is completely free from bias and based on legitimate data.
Get Cheap Car Insurance in Oak Terrace, FL
We monitor insurance prices, helping the average driver in Oak Terrace save up to 34.6% on car insurance.
The Cheapest Minimum Coverage in Oak Terrace
The chart below shows the cheapest car insurance company in Oak Terrace for a driver with a good record seeking minimum coverage on a mid-grade used vehicle. Values are estimated, and premiums may be lower or higher, but should be in an accurate order for a good driver. In general, drivers with good records will get the best prices through Geico, followed by State Farm, Gainsco, and Bristol West.
| Oak Terrace Insurer | Monthly Cost |
|---|---|
| Geico | $122 |
| State Farm | $129 |
| Gainsco | $169 |
| Bristol West | $169 |
Savings for Every Kind of Oak Terrace Driver
Based on our extensive insurance data, we know the average Oak Terrace driver will save about 29% on car insurance. This isn’t marketing: this is unbiased data with no financial influence. The best auto insurance company depends on factors such as your driving record, home location, credit score, marital status, and age. The average driver will find themselves saving $747 per year by choosing the right vehicle insurance company. Some Oak Terrace residents are paying out over $2,552 extra every year for auto insurance in Oak Terrace. That cost may be even higher if you haven’t requested a new quote as your life situation changed.
Situation |
Oak Terrace, FL Savings / Yr. |
|---|---|
$747 |
|
$1,096 |
|
$843 |
|
$835 |
|
$2,652 |
|
$724 |
|
$1,056 |
Oak Terrace Car Insurance vs. Florida
People living in Oak Terrace pay an average of 3.40% less than the typical driver in the state. The average driver in Oak Terrace can expect to pay about $2,330 per year, or $2,552 for full coverage.
Based on our analysis, Geico will be the cheapest provider in Oak Terrace for most people.
Car Insurance Prices by Oak Terrace Neighborhood
Insurance Prices
Where is insurance cheapest within Oak Terrace?
The map shows insurance prices in and around Oak Terrace, with more expensive areas in red and places with cheaper car insurance in green. Insurance can vary by as much as $0 per year within the city boundaries, with insurance premiums ranging from a high of $2,552 to a low of $2,552. Insurance prices tend to be higher for those living in the Central area, and lower for those with homes in the Central parts of Oak Terrace.Pick the Best Car Insurance Company for You in Oak Terrace
The best car insurance provider for most drivers in Oak Terrace
For drivers with clean driving records and no major strikes, Geico is the best option, with annual savings of $747 over the average Oak Terrace car insurance company.
The best car insurance provider for Oak Terrace drivers with accidents on their records
In our analysis, Geico saved the average person who had been in an accident the most, with annual savings averaging $1,096 over the competition.
The best car insurance company for Oak Terrace drivers with speeding tickets
>State Farm gave the average person with a speeding ticket the most savings, averaging $843 better than other car insurance companies.
The best auto insurance for Oak Terrace drivers with a DUI conviction
Getting a quote from Geico may cost the average person with a DUI about $835 less each year.
The least expensive car insurance company for new and young drivers in Oak Terrace
In Oak Terrace, Geico costs young drivers $2,652 less each year versus the average auto insurance bill.
The best marriage discounts for vehicle insurance in Oak Terrace
Geico gave the largest car insurance discounts to married couples, averaging $724 saved each year compared to an average Oak Terrace couple's premiums.
The cheapest car insurance in Oak Terrace for drivers with bad credit
The best Oak Terrace car insurance company for customer service
Recent price drops
In 2020, at the peak of the global pandemic, {{top1_2020pricedrop_company}} changed their average price {{top1_2020pricedrop_company_percentage}}% in Oak Terrace, which was better than other insurers.
The cheapest large national provider in Oak Terrace
For customers who prefer to work with large national providers, we recommend Geico for pricing. The average Oak Terrace driver can expect to pay about $156 per month.
What About USAA?
JD power consistently ranks USAA as the top car insurance company in the United States. We don’t compare their rates because most people can’t sign up. USAA only allows active military members and their spouses and children to apply. In Oak Terrace, USAA has the best prices for good drivers, drivers with accidents, and drivers with speeding tickets.Auto Insurance Prices in and Around Oak Terrace
What Influences the Cost of Car Insurance in Oak Terrace?
On average, car insurance in Oak Terrace is actually less expensive than the rest of the state. These low prices are no mystery to us. Coverage Watch tracks car insurance costs and uses a complex AI that finds related variables, and has determined car insurance prices in the city are influenced by the following factors:
- Florida state insurance regulations may require higher prices.
- An average of 0 weeks with snow on the ground, which impacts accident rates.
- Marriage rates in Oak Terrace are among the lowest in the state, and marriage often results in car insurance discounts.
- Vehicle theft rates in the area are moderate, with a Vehicle Theft Crime Grade of A- according to CrimeGrade.org.
- Oak Terrace is a fairly densely populated area in the state. The city’s density could result in a price increase for drivers.
As a result of these and other factors, the average cost of car insurance in Oak Terrace is $194 per month for minimum coverage and $213 per month for full coverage. Costs vary widely based on your situation, and will likely be lower if you have a clean driving record and follow our insurance company research to find the best car insurance company for you.
Car Insurance in Nearby Cities
- Bradley: Insurance costs the same
- Welcome: Insurance costs 2.59% more
- Pierce: Insurance costs 0.20% less
- Nichols: Insurance costs 4.27% less
- Lithia: Insurance costs 2.70% more
- South Mulberry: Insurance costs 4.27% less
- Fort Lonesome: Insurance costs 2.27% less
- Fort Green: Insurance costs 8.78% less
- Homeland: Insurance costs 5.53% less
- Fish Hawk: Insurance costs 5.80% more
Cities with Similar Populations
- Vaughn: Insurance costs 54.74% less
- Choctaw: Insurance costs 35.42% less
- Cisco: Insurance costs 50.16% less
- Clay: Insurance costs 12.23% more
- Cloverland: Insurance costs 47.26% less
- Cloverton: Insurance costs 34.56% less
- Cloyds Landing: Insurance costs 13.99% less
- Corral: Insurance costs 57.01% less
- Trowbridge: Insurance costs 56.23% less
- Truxton: Insurance costs 31.74% less